Tuesday Apr 02, 2024
Turn Your Passion into Profit: Marketing and Alternative Revenue Streams
In this episode, Erica interviews Lacy, owner of Black Fox Marketing, about how authors can turn their passion into profit through effective marketing strategies and alternative revenue streams. Lacy shares insights and tips for authors facing challenges in the publishing industry, including the need to understand the business side of being an author. Lacy also discusses the potential for authors to create additional revenue streams through coaching, consulting, speaking engagements, and merchandise.
Join Lacy's free "Book to Business Blueprint" Author Group on Facebook where I have hours' worth of free trainings, resources and materials for authors: https://www.facebook.com/share/kWBiQEoNcm8CdVVA/?mibextid=K35XfP
To get in touch with Lacy, contact her via email at lacy@blackfoxmarketing.ca or visit her website.
Takeaways
- Authors face challenges in the publishing industry, including the need to understand the business side of being an author.
- Building a community and leveraging email marketing are effective strategies for authors to increase book sales.
- Authors can create additional revenue streams through coaching, consulting, speaking engagements, and merchandise.
- Being intentional in marketing efforts and embracing technology can help authors streamline their business and reach their goals.
Chapters
00:00 Introduction
03:02 Challenges Faced by Authors in Publishing
07:58 Tips for Marketing Books
11:06 Creating Effective Email Marketing Strategies
15:04 Alternative Revenue Streams for Authors
25:05 Tools and Resources for Book Marketing
29:00 The Future of Book Marketing
35:05 Book to Business Blueprint
35:59 Conclusion
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